Section 7725 - Savings provisions(a) General rule.--In relation to a corporation existing on the effective date of this chapter, the provisions of this chapter do not impair or affect an act done; offense committed; right accruing or accrued; or liability, penalty, forfeiture or punishment incurred prior to the effective date of this chapter.(b) Contracts.--This chapter does not impair or affect a contract entered into by a corporation prior to the effective date of this chapter.1988, Dec. 21, P.L. 1444, No. 177, § 103, effective in 180 days.